FG’s Electricity Subsidy Drops by N37bn To N321bn in Second Quarter0

• BUSINESS, SLIDE
• October 1, 2026

The Federal Government’s electricity subsidy obligation fell by N37.06 billion to N321.26 billion in the second quarter of 2026, according to the latest report by the Nigerian Electricity Regulatory Commission (NERC). The figure represents a 10.34% decline from the N358.32 billion subsidy obligation recorded in the first quarter of the year. Tony Elumelu Raises Seplat